Defining Recession, now that’s it’s apparently over
According to Washington and some recent economic data, the recession has come to an end. The lack of presents that will be under my Christmas tree this year are reason enough to debate that statement, but it should be realized that ending a recession and ending “difficult times” are not the same thing. The actual [...]
Record Drop in Consumer Prices
Consumer prices dropped 1% in October, the biggest one-month decline since 1947 according to Bob Willis of Bloomberg.com. Perhaps the most relateable set of statistics issued by the Bureau of Labor Statistics, the CPI (Consumer Price Indexes) is basically a measure of our cost of living. In other words, thanks to cheaper gas and lower prices at [...]
